Sentences with phrase «as a source of income in»

Your policy can be used as a source of income in retirement without having to pay income tax on the proceeds from your policy loan.

Your policy can be used as a source of income in retirement without having to pay income tax on the proceeds from your policy loan.

Not exact matches

In August, the Supreme Court of Canada ruled that taxpayers who devote a «significant emphasis» to farming activity that is subordinate to their primary source of income are no longer limited to the $ 8,750 deduction limit under Section 31 of the Income Tax Act for losses from business ventures such as thoroughincome are no longer limited to the $ 8,750 deduction limit under Section 31 of the Income Tax Act for losses from business ventures such as thoroughIncome Tax Act for losses from business ventures such as thoroughbreds.

In addition, were they to move, 62 percent of Latinas surveyed said they would be likely to rent out their home as an additional source of income, rather than sell it.

There's 11,000 licensed taxi drivers in Toronto, but a lot of guys use it as their secondary source of income.

The idea is to help families who live in «energy poverty,» relying on smoky open fires as their main cooking source while also spending a disproportionate amount of their income to access lighting or electricity.

That valuable source of income can buoy you in later years, as you spend down other savings.

As economic growth and rising incomes led China to become the largest source of outbound travelers, major airports in Beijing and Shanghai have been stretched beyond their capacity.

[3] While the Federal Reserve also collects income data in its triennial Survey of Consumer Finances (SCF), [4] the SCF is more valuable as the best source of survey data on wealth.

In determining a taxpayer's eligibility to claim a dependency exemption, these proposed regulations change the IRS's position regarding the adjusted gross income of a taxpayer filing a joint return for purposes of the tiebreaker rules and the source of support of certain payments that originated as governmental payments.

CBO's measure of before - tax comprehensive income includes all cash income (including non-taxable income not reported on tax returns, such as child support), taxes paid by businesses, [15] employees» contributions to 401 (k) retirement plans, and the estimated value of in - kind income received from various sources (such as food stamps, Medicare and Medicaid, and employer - paid health insurance premiums).

First, substantial direct or indirect wealth transfers from the state sector to Chinese households will unleash a surge in household consumption as household income rises (and because the interest on bank deposits is an important source of income for most middle and lower middle class households, if the authorities reduce interest rates, as struggling borrowers are demanding, China actually moves in the wrong direction).

He's not alone: a just - released survey of Uber drivers found that 57 % have bought, leased, or made substantial investments in vehicles to drive for Uber, but only 23 % see working for Uber as a stable source of income.

As interest rates in Europe fell to unfathomably low levels over the last decade, lenders found themselves in a tough position: Mortgage interest — and therefore income — fell in lock step with the Euribor, and yet banks only had so much leeway to cut interest paid on deposits, which are their primary source of funding for mortgages.

It also looks like you've spent quite some effort in diversifying the source of your income stream which should give you some buffer when one doesn't perform as well during certain times of market cycle.

Seniors whose primary source of income is Social Security will have a very small tax bill in Maryland, as the Free State does not tax Social Security benefits.

As you can see in the chart below, one of the portfolio's strengths is the freedom it has to go beyond traditional sources of income and pursue nontraditional income sources — such as ETF exposure to bank loans, preferred stock, and emerging market debt — in order to seek yielAs you can see in the chart below, one of the portfolio's strengths is the freedom it has to go beyond traditional sources of income and pursue nontraditional income sources — such as ETF exposure to bank loans, preferred stock, and emerging market debt — in order to seek yielas ETF exposure to bank loans, preferred stock, and emerging market debt — in order to seek yield.

In general, your benefits are not considered taxable as long as Social Security is your sole source of income.

Nebraska enacted their income tax in 1967 as a new source of revenue.

In addition to the emergency backup fund, it could be prudent to establish your own, controlled backup cash generator to serve as a source of income for your family.

Employees are interested in annuities and might need that guaranteed source of income as the first wave of workers lacking company pensions moves closer to retirement.

This in turn was the result of a 5.4 - percent contraction in salaries and a fall in other sources of net income such as interest on bank deposits and share dividends of 4.4 percent.

By the time I decided to leave Corporate America in 2012, I was generating about $ 80,000 in passive income, while Financial Samurai had grown to provide an additional source of income as well.

As shown, the surge in December was such that dividends overtook interest rates as a source of incomAs shown, the surge in December was such that dividends overtook interest rates as a source of incomas a source of income.

First, investing in real estate can provide a steady source of income while you are attending classes, as well as beyond graduation.

That said, I completely understand why a blogger who is dependent on their website as an important source of income would make this trade - off in an effort to better connect with their readers.

Investing in startups is trending because it is currently known as a profitable source of passive income, but the million dollar question now is «how do...

Dividend stocks currently yield more than government bonds in major markets such as Canada and may remain a valuable source of income even as interest rates slowly begin to rise south of the border.

Johnson said that people who are approaching retirement should consider purchasing an annuity as a source of guaranteed income to help cover their basic living expenses in retirement.

The financial uncertainty, prolonged waiting periods and lack of payment transparency in current digital content media sharing platforms could be discouraging potential artists and authors from seeing content creation as a viable source of income.

Initially, when Uber was launched, the communication of the brand highlighted the fact that they were going to provide better economic opportunities in Pakistan and wanted people to signup with Uber as a secondary source of income.

Over one hundred million people in developing countries have become dependent on coffee as their primary source of income.

Organic agriculture is an important source of income for island residents, especially as fisheries become depleted, and organic crops help reduce the need to import so much fresh food and minimize the introduction of invasive species that arrive in these shipments.

Over one hundred million people in developing countries have become dependent on Kona coffee as their primary source of income.

we can't even get rid of players that have barely mannered to us for several years... which is incredibly annoying considering that our beloved owner would never risk his own financial resources whether he brought in some new blood or offloaded several failed Wenger projects for less than market value... he would simply make a little less and the burden would fall squarely on other sources of income, primarily us... I don't know about you but I would gladly use all the money they have been stockpiling to rid ourselves of those that don't meet acceptable standards and to replace them with a few higher priced gems... I know, I know, Wenger and his minions have been scouring the globe for years now to find anyone that was as good as our current lot to no avail, but I've just got to believe there must be two or three guys somewhere out there that can play this crazy game

While nothing is ever in the bag for football clubs, it's understandable that many major clubs — such as Arsenal — at least hope and prepare for certain sources of victory income coming through.

The data, which shows how much Spitzer made in those years and how much in taxes he paid, is limited in that it does not provide any window into his sources of income such as trusts, real - estate holdings and investments.

The Executive Budget reduces Aid and Incentives for Municipalities (AIM) by two percent for cities, towns and villages outside New York City, which does not receive AIM in recognition of the city's numerous alternative funding sources such as a local income tax.

The introduction of deduction at source for NICs in 1945 along with the Pay As You Earn collection system for Income Tax blurred the distinction between the two from the start.

Local regulations prohibit discrimination in housing on the basis of lawful source of income, a category that includes government vouchers as well any legitimate occupation.

And then the third source of income is the enhanced road fund which was passed as part of the energy levy and under that we have identified strategic roads in the country and we are paying to improve those roads,» Mahama added.

The approved budget includes $ 50 million in economic development money and tax credits for communities that rely on the prisons as a source of employment and income.

The Syracuse Common Council has voted to ban housing discrimination in the city based on source of income, such as public assistance.

Percoco, whose sources of income after he left government are a key question in the federal probe, left the public payroll just as he and his wife were undertaking upgrades on their Westchester home, and has a permit to construct a home theater.

By law, people have to notify HMRC of a new source of income, such as receipts from a trade or business, or rental income, by 5 October in the tax year following that in which the new source began.

The Legislature in 2011 adopted an ethics overhaul measure that required greater disclosure of sources of outside income for state elected officials, as well as the creation of the latest lobbying regulator, the Joint Commission on Public Ethics.

During her press conference outside PS 13, Ms. Malliotakis unveiled her Albany reform agenda, including: Requiring a two - thirds legislative majority to pass new taxes and fees; capping the rise in spending at the rate of inflation or 2 percent, whichever is less; requiring legislators to disclose outside sources of income; requiring public authorities like the MTA to undergo an independent financial audit, and calling for a constitutional convention to address items that have bedeviled the state recently, such as appointing a lieutenant governor and breaking a Senate tie.

In 2001, STEL earned the distinction of being the first entity to utilize Low Income Housing Tax Credit equity as a source of funding to produce housing licensed by the New York State Office of Mental Health.

We also suggest bringing in your Manifesto Pledge of One Factory Per District as a priority to Galamsey areas, so that small scale local gold prospectors in Galamsey areas are given an alternative source of income.

Hawkins would fight housing segregation with stronger enforcement of existing fair housing laws, a state law banning discrimination based on source of income such as Section 8 housing vouchers, and a state inclusionary zoning law to require a mix of low - income, moderate - income, and market rate units in new or substantially rehabilitated housing developments.